North American Stock Markets Sink For Second Day On Tariff Fears - Mortgage Rates & Mortgage Broker News In Canada

North American Stock Markets Sink For Second Day On Tariff Fears - Mortgage Rates & Mortgage Broker News In Canada

Canadian and U.S. stock markets on Friday were deep in the red for a second day on the continued fallout from U.S. President Donald Trump’s tariff plans. The S&P/TSX composite index was down around four per cent after also losing four per cent Thursday, while U.S. indexes were down over three per cent after also seeing big drops a day earlier. “The market doesn’t see trade wars as being good for anybody,” said Colin Cieszynski, chief market stra…

In modern history, there are speeches that change the course of markets, and then there's what Donald Trump did in an hour: he shook the planet with a trade policy so aggressive that he managed to unite countries that didn't even speak to each other on WhatsApp. On April 2, 2025, from the Oval Office, Trump announced a "new era" of economic growth for the United States. How? By imposing a series of tariffs with immediate effect, ranging from 10%…

Trump’s New Tariff War: Which Countries Are Hit, Who Escapes, and How It’s Backfiring on the U.S

In 2025, President Donald Trump reignited a fierce trade war with countries around the world, significantly altering the global economic landscape. Aimed at protecting American industries and reducing trade imbalances, Trump’s tariffs have, in practice, had far-reaching economic consequences, not just for the U.S., but also for global trade relations. This article explores how Trump’s tariffs are affecting various countries, which nations have m…

U.S. tariff war rattles markets, but Trump upbeat

Share markets across the world Friday April 04, 2025 crashed further a day after U.S. President Donald Trump announced, what he called, Reciprocal Tariffs, on multiple countries including India and China.